In this episode of the BulkLoads Podcast, Jared Flinn sits down with Riley George, Vice President of Transportation Finance at BMO Bank, to discuss how one of the largest lenders in the trucking industry is analyzing the current market and advising carriers through challenging times. Riley, a third-generation trucking professional turned finance leader, shares his unique perspective on why large carriers are going under, how high interest rates and overcapacity are affecting owner-operators, and what banks are doing to manage risk in today’s volatile freight economy.

The conversation dives into practical financial strategies for trucking companies of all sizes, including how to control overhead, preserve cash flow, and stay bankable through market downturns. Riley also offers insight into equipment financing trends, emission regulation pressures, and what a potential rebound in 2025 could look like for bulk haulers and asset-based carriers.

Whether you’re a fleet owner, independent operator, or someone considering new equipment purchases, this episode delivers expert financial advice grounded in real-world trucking experience.